SmarterDividends

CXE vs RWAYI: Which Is the Better Dividend Stock?

As of Aug 8, 2026, CXE and RWAYI are closely matched. CXE offers the higher yield at 6.73%, CXE has the higher dividend-safety score, and RWAYI looks like the better value (its fair-value estimate is 8% above its share price).

Key facts: CXE vs RWAYI

Data as of · Source: SmarterDividends data

  • As of Aug 8, 2026, MFS High Income Municipal Trust (CXE) has the higher forward dividend yield at 6.73%, versus 4.15% for Runway Growth Finance Corp. (RWAYI).
  • By SmarterDividends' count as of Aug 8, 2026, CXE has raised its dividend for 2 consecutive years and RWAYI for 0.
  • As of Aug 8, 2026, CXE's fair-value estimate is 16% below its share price and RWAYI's fair-value estimate is 8% above its share price, so RWAYI looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "CXE vs RWAYI: Dividend Yield, Safety & Value Compared," updated Aug 8, 2026, https://smarterdividends.com/compare/cxe-vs-rwayi

MetricCXERWAYI
Forward yield6.73%4.15%
Annual dividend$0.21$1.32
Payout ratio——
Years of growth2 yr0 yr
5-yr dividend growth-3.2%—
5-yr total return——
Dividend safety score63 (C)—
Fair value estimate$3.07$26.84
Upside to fair value-16%+8%
Frequencymonthlyquarterly
Market cap$115.1M—
P/E ratio365.0—

Higher yield

CXE

6.73%

Safer dividend

CXE

Grade C

Faster growth

CXE

-3.2%

Better value

RWAYI

+8% upside

CXE vs RWAYI — FAQ

Is CXE or RWAYI a better dividend stock?

CXE and RWAYI are closely matched. CXE has the higher yield; CXE scores better on safety.

Which has a higher dividend yield, CXE or RWAYI?

CXE has the higher forward dividend yield at 6.73%, versus 4.15% for RWAYI.

Is CXE or RWAYI safer?

Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.

Is CXE or RWAYI better value right now?

As of Aug 8, 2026, RWAYI looks like the better value: its fair-value estimate is 8% above its share price (fairly valued). For CXE, its fair-value estimate is 16% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.